2304 1St St Mission, TX 78572
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2304 1St St
- Year built
- 2018
- Property type
- Apartment buildings
Description
This exceptional 5-unit apartment building, constructed in 2018, presents a compelling investment opportunity in Mission, Texas. Situated on a spacious 13,865 square foot lot at 2304 E 1st Street, this gated community boasts an impressive 80% occupancy rate. Each of the five units offers a desirable open-concept floor plan, featuring four bedrooms, each with its own private bathroom. Residents enjoy the convenience of two designated parking spaces per unit, along with a private patio and a generously sized living area and kitchen. The property's strategic location, just half a mile from the expressway and conveniently situated behind The Home Depot on Shary Road, provides easy access to major roadways, shopping, dining, and other amenities. The complex's thoughtful design and desirable features contribute to strong tenant retention, making it an attractive investment for both seasoned and new real estate investors. The asking price for this turnkey property is $1,500,000. This presents a rare chance to acquire a well-maintained, high-demand multifamily property in a thriving Texas market. Don't miss this chance to expand your portfolio with a property that offers both immediate income and significant long-term potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2895
- Latitude
- 26.2009
